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20120901
20120930
STATION
KQEH (PBS) 14
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English 14
Search Results 0 to 13 of about 14 (some duplicates have been removed)
PBS
Sep 20, 2012 6:30pm PDT
, there are conflicting views of beijing's role as banker to the united states government. some see it as a source of leverage, but others see chinese holdings of u.s. debt as an investment with little return. >> it's not invested in their own country. it hasn't been given to their own people. it's a gigantic waste of money. and really, it does not give china leverage over the u.s., because if they used it, they'd only be shooting themselves in the foot. so, in that respect, i think it's as much a symbol of a weak imbalances in the chinese economy as it is of chinese power. >> reporter: and even if the chinese government wanted to sell off u.s. treasuries, it's not clear it could find a buyer. >> the bigger problem is if they announced that they were simply not going to participate in the next treasury auction or the next three or four treasury auctions. that would produce something of a scramble to see who would participate. the result would probably be some increase in interest rates here. >> reporter: but even that seems likely to hurt china as much or more than the united states. china buys u.
PBS
Sep 17, 2012 6:30pm PDT
's accomplished. that and more tonight on "n.b.r."! trade tensions between the united states and china are heating up again. this morning, the two countries challenged each other in the world trade organization. the u.s. is accusing china of illegally subsidizing auto and auto parts exports, and hurting u.s. made goods. and china claims trade laws here, open the door for illegal tariffs on a wide range of chinese products. sylvia hall breaks down what's behind the latest flareup. >> reporter: here in the u.s., the auto and auto parts industries employ about 800,000 american workers. the government says those workers are hurt by the money china gives to subsidize its own auto industry. and in ohio, a key swing state fueled by cars, president obama promised a crack down: >> these are subsidies that directly harm working men and women on the assembly lines in ohio and michigan and across the midwest. it is not right, it is against the rules, and we will not let >> reporter: the administration said that between 2009 and 2011, the chinese government offered up at least $1 billion in subsidies to its au
PBS
Sep 24, 2012 6:30pm PDT
after new years sending the economy into reverse. >> and it's not a threat just for the united states of america. it's a threat for the global economy given the size of the u.s. economy and it's linkages with many other countries around the globe. >> reporter: if the u.s. slows, there may not be anyone left to pick up the slack. even china looks like its growth is faltering. darren gersh, "n.b.r.," washington. >> reporter: i'm diane eastabrook in central illinois. still ahead, the harvest is under way, and farmers are figuring out just how much damage the drought did to their crops. >> tom: that free checking account may not be so free. new regulations are squeezing bank profits, sending banks, both big and small, looking for new ways to bring in revenue. one way is by doing away with the free checking account which was so popular in the late 90's. ruben ramirez reports. >> reporter: dick evans is the c.e.o. of cullen/frost bankers. frost has 115 branches around texas. he says checking account fees are going up because of increased government regulation that went into effect a year ag
PBS
Sep 29, 2012 12:00am PDT
than what i think the people of the world expected from the united states of america. and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of late, and the president may be getting a boost from voter attitudes. an nbc news/"wall street journal" poll out last week found 42% of americans think the economy will improve in the next year. that's six points higher than a month ago. 18% say the economy will worsen, and almost a third expect it to stay the same. the obama campaign is also pointing to some revised job numbers to make its case. the u.s. bureau of labor statistics said yesterday there were
PBS
Sep 7, 2012 11:00pm PDT
-thirds of the g.d.p. of the united states of america. over $9 trillion. they write half of the mortgages in this country, and two-thirds of the credit cards, okay? three out of the four large financial institutions that we bailed out because they were too big to fail are today bigger than they were before we bailed them out. now, if this were teddy roosevelt were president of the united states, what do you think he would say? he'd say, "break these babies up." let's create a system where the financial institutions actually invest and lend money into the productive economy, where businesses are trying to produce products or create services, not the kind of casino, this horrendous, ugly casino that we have on wall street. >> but senator durbin, the number two democrat in the senate said to me and to others that the banks, wall street, those six firms now own the senate. >> that's right. that's all absolutely right. >> how are you going to, how are you going to get a reform there, when they -- >> well, that takes us back to another issue that dick and i and others are working on. and that i
PBS
Sep 18, 2012 12:00am PDT
about the afghan government. i think that kabul is likely to hold. i think the united states will remain committed to the security of the afghan state for at least a decade to come. both political parties in the united states are firm on this point. i think that there's an american consensus behind continued advice and support to the afghan government. as long as that happens, the afghans with our help will be able to stand against the taliban. >> woodruff: all right. we will all continue to watch it. john nagl, vali nasr, we thank you both. >> thank you. >> ifill: still to come on the newshour, reshaping the message for the fall campaign; a change of heart for a global warming skeptic; and evidence of fraud in the medicare program. but first, with the other news of the day, here's hari sreenivasan. >> sreenivasan: authorities in china moved today to curb protests against japan that turned violent over the weekend. the tensions stem from japan's purchase of islands in the east china sea called the senkaku in japan and diaoyu in china disputed islands northeast of taiwan. it's believed th
PBS
Sep 27, 2012 12:00am PDT
problems that we have here in the united states. >> ifill: is there also a problem with coming to some sort of resolution as far as germany and other bank-- money-- money givers go? that somebody else is going to get in line. that if you give greece money, spain is going to be standing there. if you give spain money portugal could be standing there. >> there is this problem of political moral hazard going on which is really, as you say, well, if you give us, let's say, debt relief to greece, well, then you can be pretty sure that other european countries that also have received bailouts will want the same treatment. so what you're trying to do in europe, in minute, is really to-- i believe that ultimately debt relief will have-- further debt relief will have to be given to greece by the euro area governments. but they're really trying to make the road to that so arduous and so terrible that nobody else in europe will really want to go down that route. and as we're looking at greece today-- which has a cumulative decline in g.d.p. of, you know, close to 20% and still dropping-- i think it's
PBS
Sep 19, 2012 12:00am PDT
it become a genuine crisis. it's also a reminder to the united states of why it is seen as important by many nations in asia that we stay as a balancing factor in the military relationship there >> warner: china doesn't like that >> they would prefer it to having japan arm itself. so everybody resents the u.s. presence but is more comforting than the most obvious alternative >> warner: do you have a prediction? >> i think it will calm down but the issues will be simmering for some time. all the territorial maritime issues that are taking place now are of a peace. the political process is still playing out in china. the leaders there want to contain the damage to themselves but they don't want to be so suppressing of popular opinion that they're seen as opposing popular will on the issue of sovereignty >> warner: or out of touch. doug paal and jim fall owes, thank you. >> woodruff: next, seeking peace in syria and around the globe. jeffrey brown talks to former u.n. secretary general kofi annan. >> brown: kofi annan's first career u.n. staffer to rise to head the organization has spent more t
PBS
Sep 11, 2012 6:30pm PDT
with the european debt crisis, and even within the united states, with it being an election year. >> reporter: but burberry says it has been talking to other luxury goods makers, so it knows it's not alone in seeing the slowdown. as a result, luxury good stocks like lvmh, tiffany, and coach also fell today, although they didn't get hit nearly as hard as burberry. it's not just luxury firms getting hurt by the global slowdown. many other bellwether firms have said revenues are suffering due to weaker sales in china, europe and elsewhere. in the s&p 500, there have been 88 negative pre-announcements for th and only 20 positive ones. >> the number of negative pre- announcements we've received is the worst in over a decade. we've already seen analysts become very bearish on these companies. >> reporter: last week, chipmaker intel drastically reduced its sales forecast, warning consumers and businesses are buying fewer personal computers. the company also withdrew its full-year guidance, which is seen as a sign of extreme uncertainty. and fedex recently cut its earnings forecast due to slowing dem
PBS
Sep 25, 2012 6:30pm PDT
for coal. >> you have say unique sper spective. you say coal provides 10% of the electricity in the united states. what's your take on economic demand as we move into the new year? >> well, what we're not seeing is strong industrial and manufacturing demand. not to say that we're not seeing growth in certain areas. i think in terms of economic activity. we're seeing a little growth, but it's not to the point where it needs to be in our view to make a fundamental difference to getting the economy where it ought to be in terms of higher levels of gdp growth. we appreciate the insights. it's greg boyce, the ceo of peabody energy. you can see our entire interview online at nbr.com. also online, how do long-term investors fit into the market in this age of high-frequency trading? visit nbr.com. tomorrow on nbr, home prices aren't the only things going up in housing-- the cost of land also is on the rise. and the latest efforts for parents and students to make better financial decisions when it comes to paying for college. could this hail mary pass force a breakthrough in one of the country's hi
PBS
Sep 25, 2012 12:00am PDT
or nuclear facilities as an attack by the united states. >> fundamentally we do not take seriously the threats of an attack on iran by them even though we are iran. iran at the end of the day is a great country. let me assure you we do have all defensive means at our disposal. >> prime minister netanyahu has said that israel simply cannot stand to have iran to get to the point where it has enough enriched uranium to be able to very quickly convert that to weapons grade and really essentially from a weapon in a matter of months. he's made it clear that israel is prepared to take military action to try to prevent that. do you think he's bluffing? >> you see, whether he's bluffing or he really intends that does not even come into the equation. for us. what are these scientists? put a world map in front of you. put an at last in front of you. iran has been iran for the last 7,000-10,000 years. they have been occupying those territories for the last 60 to 70 years with the support and force of the westerners. they have no roots there in history. >> ifill: i'm joined by margaret warner w
Search Results 0 to 13 of about 14 (some duplicates have been removed)